Author: Sudhasha Talreja
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Indian DRI, billet and rebar update – 14 May
India’s induction furnace (IF) steel prices followed a mixed trend on 14 May 2024. Offers announced by the mills fluctuated in the range of INR 50-450/tonne (t) d-o-d compared to the previous trading session. Sponge iron prices varied by INR 50-450/t. Prices in the Raipur market increased slightly by INR 50/t. Meanwhile, the same fell…